Having a virtual workbook is enough to prevent average users from copying it but that’s not enough: you should also use our other XLS Padlock features such as formula protection or better, our VBA compiler. This ensures you that your VBA code will be safe, because it will no more exist “as it” in the compiled workbook. The goal is to make your workbook only usable in a compiled form, so that if someone manages to retrieve the workbook, it becomes useless: for instance, without some vital formulas or VBA code that were replaced by XLS Padlock’s internal formula calls.